Tata Motors:JLR gets 340 million pound loan from EIB

Newswire

MUMBAI, Feb 25 (Reuters) - Top Indian vehicle maker Tata Motors said on Thursday its Jaguar Land Rover unit has received a 340 million pound loan from the European Investment Bank (EIB). The loan was structured with guarantee support from banks. Credit Suisse worked as lead arranger for the deal, Tata Motors said in a statement. State Bank of India also played a role in the facility, providing a guarantee along with Bank of India and Bank of Baroda . Credit Suisse, Standard Chartered ...

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